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Viewing 20 posts - 981 through 1,000 (of 1,712 total)
  • Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Alister will be working on it next week, plus removing some of the bugs pointed out, plus adding ome of the improvements requested.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    One of the soon to be released additional features of this site is a system whereby people who know of deals can advertise them within strict guidelines which includes giving an initial outline of the numbers.

    This is will be a paid service (something nominal, say $20 per deal) for the person submitting the advertisment. Alternatively people can subscribe (another nominal quartely fee) for a priority access service where they are notified every time a new deal is posted to the site.

    I hope to have this released by the end of the month.

    Stay tuned for more info…

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    The active topics can now be referenced from the LH menu (under forums).

    Good idea about the next page idea. I’ll see what I can do.

    Thanks for your input.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    quote:


    P.S. The rest of this message has been self-censored (to save you the time of doing it).


    See Bec, I knew you could actually adhere to the rules if you set your mind to it.

    Now, having done the interview I can tell you on good authority that the aim of the MAP was to control $1m in property (and not to make someone a millionaire) within 12 months. This was said on camera and broadcast as said.

    As for getting away, or not getting away, with anything… let’s just wait the required 12 months and see what happens.

    Now, pertaining to your comment about deleting posts etc… I’m not fussed by your criticism… far greater minds have had much better things to be critical of.

    I simply reject any posts made by you (or anyone else) that are in what the average reader might would deem as bad faith.

    As the owner of this site and one of the moderators, I guess I set the tone and if you don’t like the editorial policy then… start up your own forum and do what you like.

    Until then – live by the rules or don’t post.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    No advertising please.

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    No advertising please.

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    ASIC requires that people running sites that discuss investing in shares to be properly licensed.

    As we don’t hold a licence, we can’t accept posts.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi Mike,

    The new site to be released shortly will have a google search function that can be used on the entire site.

    The engine that Snitz uses seems a little clunky, but then again we do have a massive database.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Yep… will be doing this very shortly

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    You talk… we listen!

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Not sure how to fix this.

    I use the mouse and then right click copy and then right click in Word and select paste.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I’ve moved your post to the property forum as it is more appropriate there.

    Another ad? How about a comment from a happy customer? *sigh* It’s not too hard to spot the cynics.

    Anyway, DRB – thanks for your post and I’m delighted you enjoyed the book and other resources.

    What I suggest you do is look for properties that have problems which you ave the power to fix. At first glance they may not meet the 11 sec solution, but with further investigation you may find the diamond in the rough. The deals with problems aren’t usually advertised, but they’re out there… they must be because the NSW guys from the MAP program keep telling me that they’re out there.

    Wishing you the best of success.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi Melbear is right…

    Unless the rate is fixed, any increase or decrease is passed on to the client so that my margin is always +2%.

    I’m not sure I understand the second part, but the flow of money from the eg on page 315 would be:

    1. We pay initial deposit (which was 10% in those days) at time of signing: $4,950

    2. We pay difference bewteen what the bank will lend us (80%) + closing costs – initial deposit: $4,950 + $7,102 = $12,052.

    In summary, we need a total of $4,950 + $12,052 = $17,002 to complete our purchase.

    Then once we are the owners we receive Mrs G.’s $6,500, meaning our cash invested in the deal once it is sold on terms is ($17,002 – $6,500)=$10,502

    Hope this is clearer.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    (post moved)

    Because you don’t know what you don’t know… and what you don’t know more than likely will cost you money!

    If you can’t do it, then you need to pay someone to do the due diligence on your behalf.

    I wouldn’t recommend buying sight-unseen until you have a system developed and a reputation of success based on previous actual experience.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Ah Rebecca,

    While not try and articulate a productive answer rather hint at something fishy going on…???…

    Still, to give you some idea of the progress, at last count the group had bought $6m+ of real estate in four months. That figure is rising all the time…

    From memory, the 12 months started at the beginning of August 2003.

    As I have said to the odd critic, before making a judgement call let’s wait for the results to come in.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Thanks for the feedback. I’m thrilled and delighted I’ve been a guide on your financial journey.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi Peterhen,

    (post moved to the property forum)

    You make a good and valid point. Yet, for the professional investor, if s/he had to be forced into saving then there would be little chance of long-term success.

    I have met plently of people who have had major money problems… and almost all have had a spending problem rather than an earning problem. This is why the first major chapter of the book is devoted to money habits/management.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    (post moved to PropertyPlus)

    Welcome to the community and thanks for posting.

    Despite what many people think, I’m not against the idea of negative gearing… I just think that it’s a strategy that only works when the market is rising.

    Karen, in your case the lesson to learn here is that you went into the property without your investing eyes wide open, and seemingly without and structured plan.

    As such, your investment is largely out of your control as you need to rely on the market to continue to rise, which can be very frustrating.

    Using your figures, $240 * 18 months = $4320, yet your property is only worth +10,000 more than what you paid (nett) – and your sales price is before selling costs.

    Only you can decide whether to sell or not, but your decision needs to be planned rather than a knee-jerk response.

    What I’d do is set a benchmark return I want to get, and if, after a few months, this cannot be achieved and does not look likely, then it might be time to cut your losses and start again.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Moved your post to the property forum…

    No it’s still called land tax. Council rates cover garbage collection, local roads, parks etc.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Rebecca,

    You can debate the morals, but what you don’t seem to see is that the majority of the forum here don’t agree with your take on things, and when they do try to engage you in making their point known, you start hurling abuse which needs to be moderated.

    So, as I see it, you have added little to the discussion of late other than name calling and criticism that is anthing but constructive.

    Please, if you can’t find something to advance the discussion then refrain from posting.

    The art to winning people over to your cause is not to hit them with a sledgehammer.

    Regards,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

Viewing 20 posts - 981 through 1,000 (of 1,712 total)